Is cheap public liability insurance a fool’s paradise?

The quest for cheap public liability insurance can sometimes feel like a hopeless and bewildering undertaking. With hundreds of different providers and thousands of varying quotes out there, it can be difficult to know where to start or exactly what you’re getting for your money.

Whether you’re in big business or a small start-up, your public liability insurance is a vital lifeline, but one that can be expensive.

For small and start-up enterprises in particular, sourcing cheap public liability insurance is a priority. Yet this article has been written to convince you that, rather than taking a ‘bargain basement’ approach to your liability insurance, sourcing good quality insurance works out far cheaper in the long run.

This isn’t just an issue of quality vs. quantity. It’s also a case of understanding that you get what you pay for. You wouldn’t spend years crafting a treasured bike only to install it with cheap-as-chips brakes, so why invest years of time, money, love and effort into a business but protect it with insufficient insurance?

So rather than hunting for the cheapest public liability insurance possible, instead look for the best value insurance you can find. This will ensure that not a penny goes to waste and that your livelihood is protected from the many little catastrophes that life can sometimes throw our way.

Value is not necessarily an easy thing to judge. It is much easier to track down the cheapest policy but, as you’ve seen; this is more often than not a false economy as paying very little for insurance now could result in you paying an awful lot in compensation and legal fees further down the line.

Working with an insurer you can trust is pivotal, they’ll make sure you know what you’re getting and what you’re not getting for your money. A flexible provider will be able to tailor a policy to meet your precise needs. This will help you to save money by avoiding extras you don’t need, whilst providing you with a watertight policy that will keep you covered. There are many providers in the marketplace offering liability insurance.